Examlex
In an open economy with flexible exchange rates, monetary policy affects ________ through changes in the real interest rate and affects ________ through changes in the exchange rate.
Brain Drain
The emigration of highly trained or intelligent people from a particular country.
Educated Workers
Individuals in the workforce who have acquired knowledge and skills through formal education and training.
Industrialized Countries
Nations with significant levels of industrial activity, characterized by a high GDP and a well-developed infrastructure.
Capricious Universe
A concept suggesting the universe operates in a manner that is unpredictable and subject to sudden and unaccountable changes.
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